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Hydraulic Submersible Pumps - Global Market Outlook (2018-2027)

Hydraulic Submersible Pumps - Global Market Outlook (2018-2027)

4.7 (52 reviews)
Published: May 2020 ID: SMRC19218
4.7 (52 reviews)
Published: May 2020 ID: SMRC19218

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Hydraulic Submersible Pumps market is growing at a CAGR of 6.2% during the forecast period. Some of the key factors propelling the market growth are steadily increasing demand owing to enhancing purchasing power and development in the construction industry. However, huge maintenance & operation costs are the restraining factor for the growth of the market.

Hydraulic submersible pumps (HSPs) are hydraulic turbine-driven downward hole pumps that were developed as an substitute to the further commonly used electric motor-driven submersible.

By application, oil & gas segment is likely to have a huge demand in the forecast period due to main areas where the hydraulic submersible pumps locate applications in the manufacturing sector are in the wastewater, sewage treatment & additional effluent management activities, draining out water from holes during mining & construction activities, dewatering purpose in case of flood and extra related calamities, given that reliable source of water to procedure industries that need continuous supply of water for operation and so on.

On the basis of geography, Asia Pacific is anticipated to have a huge demand during the forecast period due to increased population density in urban areas, resulting in a decline in water quality. The rise in urbanization has resulted in substantial increase in produced wastewater in the country. In order to address this problem, the Government of China had increased the regulation, as well as incentives, for the industrial sector to treat wastewater.

Some of the key players in Hydraulic Submersible Pumps Market include Active Engineering (QuaX Pumps), Atlas Copco, Cornell Pump, EBARA, Franklin Electric (Pioneer Pump), Gorman-Rupp , HYCON A / S, Hydra-Tech Pumps, JCB, Selwood, SPP Pumps, Stanley, TERAL, Thompson Pump, TSURUMI, Versa Pump and Xylem (Godwin Pumps).   

Products Covered:
• Aluminum
• Ductile Iron

Channels Covered:
• Direct Sales
• Distributor

Applications Covered:
• Agricultural
• Construction
• Industrial
• Mining
• Oil Field

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK 
o Spain
o Rest of Europe      
• Asia Pacific
o Japan       
o China       
o India       
o Australia       
o New Zealand       
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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